Apex Capital And Finance Ltd
Outcome & Intimation of conversion of 76,00,000 share warrants into 76,00,000 fully paid equity shares on May 11, 2026 enclosed herewith.
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 11 May 2026, 12:04 PM IST · BSE ID: ceb37ac7-8016-43e8-b641-689414a0ac04
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued new shares by converting special warrants, receiving INR 71,25,00,000.00 in funding.
🤖 AI Summary
- Apex Capital allotted 76,00,000 fully paid-up equity shares from warrant conversions.
- Company received INR 71,25,00,000.00 as balance 75% of the warrant issue price.
- Total 76,00,000 warrants are now converted; no outstanding warrants remain.
- Paid-up equity share capital increased from INR 5,91,99,780/- to INR 13,51,99,780/-.
- New equity shares rank pari-passu with existing shares and are subject to lock-in requirements.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares Allotted
76,00,000
Amount Received (75% Warrant Price)
INR 71,25,00,000.00
Pre-Allotment Paid-Up Capital
INR 5,91,99,780/-
Post-Allotment Paid-Up Capital
INR 13,51,99,780/-
Pre-Allotment Number of Equity Shares
59,19,978
Post-Allotment Number of Equity Shares
1,35,19,978
🏢 How This Affects the Company
The company's cash reserves increased by INR 71,25,00,000.00 from the conversion of warrants. The paid-up equity share capital expanded to INR 13,51,99,780/- from INR 5,91,99,780/-.
The dilution from new equity shares is mitigated by the inflow of funds, enhancing the company's financial liquidity. The new shares are subject to lock-in requirements as per SEBI regulations.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders regarding this warrant conversion and share allotment.
👤
Who Is Affected
Existing shareholders will experience a dilution in their percentage ownership due to the increase in total outstanding equity shares from 59,19,978 to 1,35,19,978. The new shares rank pari-passu with existing shares.
🔍
Management Signal
Management completed the fundraise initiated with the preferential allotment of warrants, indicating a commitment to strengthen the company's capital base.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Upcoming quarterly financial results — assess impact of new capital on operations.
Any future corporate actions or announcements related to capital deployment.
Regulatory filings related to the lock-in expiry of the newly allotted shares.
LOW RISK
The filing reports a capital infusion and conversion of existing warrants, a routine financing activity.
💡 Investor Takeaway
Apex Capital received INR 71,25,00,000.00 by converting 76,00,000 share warrants into equity shares of Rs. 10/- each. This increased the paid-up equity capital from INR 5,91,99,780/- to INR 13,51,99,780/-, with all warrants now fully converted.
⚖️ Strengths & Concerns
✅ Positives
- Capital infusion of INR 71,25,00,000.00 received from the conversion of 76,00,000 warrants.
- Enhanced paid-up equity capital increased by INR 7,60,00,000/- through conversion, strengthening the balance sheet.
⚠️ Concerns
- No immediate weakness identified within the scope of this particular fundraise and conversion filing.
- Allotted shares are subject to lock-in requirements, potentially limiting immediate liquidity for those allottees.
📅 Company Track Record
A previous filing on May 11, 2026, also intimated the allotment of these 76,00,000 fully paid-up equity shares upon conversion of warrants, confirming the fundraise of INR 71,25,00,000.00.
Based on publicly available historical data. For context only.